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EXCEL - IDEA: XBRL DOCUMENT - City Media, Inc.Financial_Report.xls
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EX-31 - CITY MEDIA, INC. - 10K 9-30-12 - EXHIBIT 31 - City Media, Inc.citymedia10k93012ex31.htm
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v2.4.0.6
Consolidated Balance Sheets (USD $)
Sep. 30, 2012
Sep. 30, 2011
Current Assets:    
Cash $ 2,309 $ 4,123
Accounts Receivable 2,028 2,146
Total Current Assets 4,337 6,269
Property plant & equipment net of accumulated depreciation of $8,423 and $6,996, respectively 13,731 8,310
Property held for sale 0 7,749
Intangible Assets 33,677 43,485
TOTAL ASSETS 51,745 65,813
Current Liabilities:    
Related Party Accounts Payable 1,400 1,735
Accounts Payable 963 866
Current portion of long-term debt - Related Party 5,261 0
Total Current Liabilities 7,624 2,601
Long Term Liabilities    
Accrued Interest Related Party 1,602 0
Notes payable to related parties 36,000 17,001
Total Long Term Liabilities 37,602 17,001
Total Liabilities 45,226 19,602
Stockholders' Equity    
Preferred Stock 10,000,000 shares authorized having a par value of $0.001 per share; with no shares issued and outstanding as of September 30, 2012 and September 30, 2011, respectively 0 0
Common Stock 90,000,000 shares authorized having a par value of $0.001 per share; 8,968,000 shares issued and outstanding as of September 30, 2012 and September 30, 2011, respectively 8,968 8,968
Additional Paid-in Capital 83,875 83,875
Accumulated Deficit (86,324) (46,632)
Total Stockholders' Equity 6,519 46,211
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 51,745 $ 65,813